57675 29 Palms HwyYucca Valley, CA 92284

Warren Vista Center, a 17,338 square foot shopping center in Yucca Valley, California, presents a compelling investment opportunity. This multi-tenant property boasts five tenants, achieving 100% occupancy. The center features a diverse mix of medical, office, and restaurant tenants, complemented by shadow anchors ALDI and Rite Aid, ensuring consistent traffic. The current NOI is $388,782, with a pro-forma NOI of $505,735, reflecting a 7% cap rate and a pro-forma cap rate of 9.02%. Built in 2014, the property sits on a 3.67-acre lot (APN: 0595-271-52, 0595-271-53) and is zoned for general commercial use. A significant value-add opportunity exists with Suite 101, currently leased below market rate ($0.59 PSF/month gross), offering potential for substantial NOI growth. Furthermore, the property includes a 1.27-acre pad with a Conditional Use Permit for commercial development, ready for utilities connection and offering additional income potential. Located on the heavily trafficked Twentynine Palms Highway (28,000+ cars daily), Warren Vista Center benefits from high visibility and strong consumer traffic. This internet-resistant tenant mix provides a stable and attractive investment profile. The asking price is $5,554,000.